The Texas Department of Insurance led the charge to get multi-state settlement agreements from four insurance companies to refund more than $70 million to some 93,000 consumers, including about 71,000 servicemembers, according to a Pentagon news release. The companies are American-Amicable Life Insurance, Pioneer American Insurance, and Pioneer Security Life Insurance—all based in Waco, Tex.—and Boston Mutual Life Insurance. All four companies apparently misled low-ranking servicemembers into thinking they were buying investment products that were instead expensive term-life policies.
The last remaining T-1 Jayhawk at JBSA-Randolph, Texas, took its final flight to the "Boneyard" at Davis-Monthan Air Force Base, Ariz., on July 15. The 99th Flying Training Squadron will train pilots using T-6 and simulator until it gets T-7 Red Hawk in fiscal 2026.